Oneok (OKE) Gross Margin (2009 - 2026)
Oneok's Gross Margin came in at 23.30% for Q2 2026, down 8.74 percentage points from 32.04% a year earlier and down 3.37 percentage points from the prior quarter.
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Oneok (OKE) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Oneok reported Gross Margin of 27.21%, down 6.47 percentage points year-over-year; for FY2025, it was 30.50%, down 8.16 percentage points from FY2024.
- Gross Margin carries a five-year change of -9.68 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 38.65% in FY2024 (+6.14 pp), 32.52% in FY2023 (+12.52 pp), 20.00% in FY2022 (-5.90 pp) and 25.89% in FY2021 (-14.28 pp).
- The Q2 2026 figure represents the lowest quarterly Gross Margin since Q4 2022.
- Year-over-year, Gross Margin has declined for seven consecutive quarters, with an average year-over-year change of -5.01 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q2 2023 (a gain of 14.85 percentage points), and the weakest in Q3 2021 (a drop of 17.82 percentage points).
- Business Quant data shows OKE's Gross Margin at 26.67% (Q1 2026), 29.44% (Q4 2025) and 30.95% (Q3 2025) in the three quarters before Q2 2026.
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Oneok Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=OKE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "OKE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=OKE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();